Dubai Islamic Bank P J S C : Integrated report for the year 2021 (2024)

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INDEX

Agenda for the Annual General Assembly Meeting

Board of Directors' Report

Internal Shari'ah Supervision Committee's Report

Zakat Notice

Independent Auditor's Report and Consolidated Financial Statements for the year ended 31 December 2021

Agenda for the Annual General Assembly

Meeting of Dubai Islamic Bank P.J.S.C.

Dear Shareholders of Dubai Islamic Bank (PJSC),

The Board of Directors of Dubai Islamic Bank PJSC ("the Bank") is pleased to invite all shareholders to attend the Annual General Assembly Meeting ("AGM") of the Bank at 4.30pm on Tuesday 1 March 2022 in the Auditorium at the Dubai Chamber of Commerce, Baniyas Street, Deira Dubai. If there is no quorum, the second meeting will be held at the same time and venue on Tuesday 8 March 2022. Shareholders will have the option to attend the AGM physically, or to attend remotely/online through the use of remote presence technology/virtual meetings with visual communication and electronic voting during the AGM (the link to attend the AGM will be sent to shareholders by text message by the Dubai Financial Market ("DFM"), to review and discuss the following agenda:

1. Review and ratification of the Board of Directors' report on the Bank's activities and financial position in relation to the financial year ended 31/12/2021.
2. Review and ratification of the Auditor's report for the financial year ended 31/12/2021.
3. Review the Internal Sharia Supervision Committee report in relation to the Bank's activities during the financial year ended 31/12/2021 and ratification thereof.
4. Discussion and approval of the Bank's Balance Sheet and Profit and Loss Statement for the year ended 31/12/2021 and ratification thereof.
5. Discussion and approval of the Board of Directors' recommendation in relation to cash dividends of 25% of the paid-up capital, aggregating to an amount of AED 1,806,777,725 (UAE Dirham one billion Eight hundred and Six million Seven hundred Seventy-Seven thousand Seven hundred Twenty-Five).
6. Review of the remuneration of the Board of Directors as per article no.169 of the Federal Act No. (2) of 2015 concerning the Commercial Companies ("Commercial Companies Law").
7. Discharge of the Board of Directors of the Bank from liability for the year ended 31/12/2021 or their termination and filing of a liability claim against them, as the case may be.
8. Discharge of the External Auditors of the Bank from liability for the year ended 31/12/2021 or their termination and filing of a liability claim against them, as the case may be.
9. Confirmation on the appointment of the members of the Internal Sharia Supervision Committee for the year
   2022.

10 Appointment of the External Auditors of the Bank for the financial year 2022 and determination of their remuneration.

1. Appointment of representatives for shareholders who wish to be represented and to vote on their behalf.
2. Consider passing a Special Resolution:
3. • To authorise the Board of Directors of the Bank to issue any senior Sukuk and/or other similar instruments which are not convertible into shares, whether under a programme or otherwise, in an aggregate outstanding face amount not exceeding USD 7.5 billion (or the equivalent thereof in other currencies) at any time and to authorise the Board of Directors to determine and agree on the date of issuance, the amount, offering mechanism, transaction structure and other terms and conditions of any such issuance(s), provided that this is undertaken in compliance with the provisions of the Commercial Companies Law and any regulations or guidelines issued by any governmental or regulatory authority pursuant to such law and after obtaining approvals which may be required from the relevant competent regulatory authorities.
4. Consider passing a Special Resolution:
5. 1. To approve the Board of Directors' recommendation to amend and restate the Articles of Association of the Bank. Shareholders can review the amended and restated Articles of Association on the websites of the Bank and DFM.
   2. Subject to approving (a) above and obtaining the approvals from the relevant regulatory authorities, to authorize the Board of Directors of the Bank or any person so authorized by the Board of Directors of the Bank, to take all the necessary measures to issue the amendment and restatement of the Bank's Articles of Association.